PostHeaderIcon Is there an internet website or a person that can rate debt consolidation or settlement companies?


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I am not asking if I should use one. I am well aware of the pro’s and con’s, and that it is something I can do myself. But why is it so hard to get a list a GOOD/LEGITIMATE companies?

I don’t need a sermon, I need information.

One Response to “Is there an internet website or a person that can rate debt consolidation or settlement companies?”

  • bdancer222 says:

    It’s impossible to get a list of “good/legitimate” companies because most debt settlement companies don’t fit in that category. Many are pure scams.

    Likewise, companies specializing in debt consolidation do not have a good reputation.

    Have you considered credit counseling? Check with a NFCC credit counseling service: http://www.nfcc.org/. These are legit, non-profit companies that offer debt management programs for a nominal fee. They negotiate lower interest and payments so you can pay off your debt. When you complete the program, you will have decent credit.

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